We choose to use the same letters as used as prefixes for the ISO SI system of units (e.g. "k" in kg for kilogram).
http://en.wikipedia.org/wiki/SI_prefix#List_of_SI_prefixes
We are unable to use more common letters such as "B" for billion, for example, because of the discrepancy between different countries for the long scale and short scale notation, where some countries consider a billion to be 10^9, and others 10^12, and Omniscope is designed for cross-language use.
We've noted your request, and will at some point look into making this configurable on a file-by-file basis, but we have not had any requests for this before now.
Cannot find the "Automatic numeric abbreviation" option? Is there any other way to manipulate the data labels as the "k" for thousand is very confusing when there are thousands and millions on the same page.